A flash loan attack exploited the Allbridge Core stablecoin pool on Solana, causing an estimated $1.65 million loss. The attacker used a $1.12 million USDC flash loan to distort the USDC/USDT pool balance, extracting value before repaying the loan in the same transaction. The protocol paused operations and urged liquidity providers to withdraw funds while assessing damage. The stolen funds were traced moving from Solana to Ethereum through privacy tools. The incident highlights risks in stablecoin routing protocols and the need for stronger defenses against flash loan exploits. A technical post-mortem and patches are expected soon.
Troim Tor Olav, a director at Borr Drilling Ltd, purchased 200,000 shares at $4.37 each, totaling $874,000, increasing his ownership to about 29.5 million shares. This follows a recent purchase of 500,000 shares, signaling strong insider confidence i...
Alkane Resources Limited appointed Dr. Jennifer Purdie and The Hon. Gabrielle Upton as independent Non-Executive Directors effective August 24, 2026. These appointments enhance the company's corporate governance by bringing expertise in mining, capit...
Gold Fields Limited reported earnings per share of $2.10 and revenue of $4.51 billion, both below analyst expectations. Despite this, the company showed strong operational performance with a 12% increase in gold production and an 18% rise in sales vo...
SelectQuote reported Q4 earnings with a loss per share of $0.19, missing estimates, and revenue of $321.7 million, below expectations. Despite this, operational profitability improved, with Adjusted EBITDA rising to $11.9 million and cash used in ope...
Truist Financial raised its price target for Global Payments from $79 to $95, reflecting optimism about the fintech company's prospects. Major institutional investors like Bank of New York Mellon and Pzena Investment Management have increased their s...
